Treasury securities are one of the safest investments in times of economic chaos. Proof of that in the havoc over the present trade disputes may be the current flattening of the yield curve in bonds. With last year’s tax cut bill and the effective moratorium on new regulations, the economy has been solid (to put it mildly). Consider the following:
Corporate profits reported at the end of June (with the GDP growth rate) were a record $1.92 trillion on an annualized basis, up more than 16 percent versus last year. Truck tonnage, which reflects the amount of freight of manufactured goods and goods destined for retail sale, was up 9.5 percent from May 2017 to April 2018. Intermodal rail shipments through the first five months of the...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
